Ask yourself – What is the best way to end your summer?

With a Passion for Patriotism by attending San Diego’s Annual Fleet Week Coronado Speed Festival! The weekend was fun-filled with many activities that attract and cater to all age groups – car enthusiasts – and military supporters!

Last year’s 14^th annual event featured 31 historical NASCAR’s; several of those drivers gave rides to military men and women during the event.  Included in this group were both Ralph Borelli andJohn Davis the managing partners of Club Auto Sport.  John himself from a military family background with his father Jack serving in the Navy during WWII, and John in the Army during Vietnam, said “t

his opportunity to give back to our troops through the small but extremely appreciated thrill of riding in a race c

ar was very rewarding each lap”.  Jim Philion, a longtime racer, car enthusiast and military supporter as well, claimed it was the first interactive event where our U.S. Navy Sailors participate in what is called ‘The Pit Crew Challenge”

Taking a few paragraphs from a great article written by Mark Maynard of Union Tribune San Diego, the article describes what the Pit Crew Challenge is all about:

The Pit Crew Challenge is based on the NASCAR Sprint Pit Crew challenge and is staged as an actual hot pit stop. There are teams of 8 to 10 members, including at least one female. The idea was for teams from the USS Reagan, the USS Benfold, helicopters and whatever to go at it!

The timed challenge, held at the noon ceremonies both days, begins by pushing a stock car about 50 feet into an outlined box on the tarmac, then various members will jack it up and change four tires, fill it with fuel (for safety, water is being used in specially built tanks.), then the team will push the car out of the pit box and across a finish line.

“Much of the NASCAR-grade equipment was donated,” Philion said. “When people heard that the challenge was part of a fundraiser for the Navy, support came pourin

g in,” he said. That includes two cars being shipped by stock-car builder Rhine Enterp

rise from North Carolina. Red Bull kicked in wheels and tires and a bucket of lug nuts and mechanic’s gloves came from Wine Country Motorsports.

This powerful weekend culminated in true American patriotic style as the members of HSCRS don

ated $7000 from their Ride-Of-Your-Life (ROYL) generos

ity to our troops.

We Wheel Rock You!
Join us for interactive team building & bonding program demonstrations designed for leadership and sales teams of all sizes. "We Wheel" network with vendors and team building professionals to create your unique program. Leap ahead in 2012 with accelerated productivity!

This is a free event. Please register here. For more information, contact Brian Hames at brian@clubautosport.net or call 408-770-1203.
 

On January 24, the Western Automotive Journalists held their annual symposium on future cars and future transportation at Club Auto Sport. Over 100 people attended the all day event that started with journalists being able to drive the latest in hybrid, fuel cell and natural gas powered cars.

Manufactures including Mercedes, Honda, Toyota, Nissan, Mitsubishi and GM brought the latest fuel alternative cars to be driven and observed. Drives were followed by panel discussions which included speakers from Road and Track, Car and Driver magazines, Stanford University and manufacturer representatives. Panel topics included how much longer are we going to be able to drive our cars, as we do today verses efforts to automate the cars of the future so they drive us.
Also discussed: what we can expect from manufacturers in the coming years in the way of alternative fuel powered cars and which technologies will get greater consumer acceptance. Also included in the discussion were which alternative fuels are likely to gain more ground over the other available fuel sources. Local TV news was on-site providing live coverage of the event. The symposium returns to Club Auto Sport next year.

How would you like to purchase a condo for your business at Club Auto Sport — and let the government help pay for it through lucrative tax write-offs? That’s the big bonus awaiting you right now at Club Auto Sport’s business center — a unique, dynamic business community inside one of the hottest clubs and event centers in Northern California.

A Stimulating Idea

Thanks to legislation passed by Congress designed to stimulate the economy, bonus depreciation has been available since 2008 — but 2012 is scheduled to be its last year. In addition, the Internal Revenue Code (IRC) Section 179 deduction has significantly increased. Together, these special deductions help buyers greatly accelerate depreciation on commercial property and other assets.

Making Dollars and Sense

For smart buyers, the value of these tax write-offs has proven to be enough to drive their net cash outlay on a business condo in the first year to zero!

Buyers at Club Auto Sport receive:

•     IRC Section 179 deductions of up to $125,000, plus adjustments for recent inflation

•     Bonus depreciation of 50% on qualifying property or other business assets with useful lives of 5, 7, 15, or 20 years or less

•     All remaining write-offs for real estate depreciated on a standard straight-line basis over 39 years

This is the final year that bonus depreciation is expected to be available. And with 2012 an election year, don’t bet on anything else being passed soon.

Other Benefits of Buying

•   When you buy rather than lease, you avoid paying a landlord rent for years with nothing to show for it

•   Lease rates may still be low, but they’re starting to ratchet up — lock in low costs for decades by buying near the bottom of the cycle

•   The history of Silicon Valley real estate suggests high potential for significant appreciation over time

Why Club Auto Sport?

•   The Club Auto Sport business community now consists of nearly 40 automotive and non-automotive businesses and has become one of the most vibrant in the Valley

•   Businesses benefit from access to a built-in, upscale market thanks to guests attending functions in the club’s popular event center

•   Synergies are also gained through vertical-specific, co-op business roundtables and

TEAM Club Auto Sport — which offers executive development and mentoring led by a certified chairman from Vistage International

Don’t miss this opportunity! Download our informative white paper to learn more. Or contact Anna Mcquillan Rose to arrange for a tour. E-mail Anna or call (408) 770-1205. DRE License #01368576

Club Auto Sport

Please read the white paper and consult with your CPA regarding your specific tax situation before buying.